Elinor Ostrom and Oliver Williamson are the Nobel Prize Laureates in Economics in 2009. Do you know in which year was Francois Quesnay’s Tableu Economique published?

1767
1764
1761
1758

The correct answer is D. 1758.

François Quesnay’s Tableau économique was published in 1758. It is considered to be the first modern economic model. The Tableau économique is a circular flow model that shows how the economy is divided into three classes: landowners, farmers, and artisans. The model shows how each class produces and consumes goods and services.

Quesnay’s Tableau économique was an important development in the history of economics. It was the first model to show how the economy is a complex system of interconnected parts. The model also helped to popularize the idea of laissez-faire economics.

A. 1767 is incorrect because the Tableau économique was published in 1758.
B. 1764 is incorrect because the Tableau économique was published in 1758.
C. 1761 is incorrect because the Tableau économique was published in 1758.

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